Summary and Info

To the person who said there was an error on page 162: the authors were describing an example of how a mutual fund manager could manipulate numbers in order to play the "past performance game." The authors state that the average ANNUAL return is 25%, which is correct. This was simply an example of a fund's manager skewing numbers to make a fund more attractive.

More About the Author

Jamie Oliver Troughton (born 2 March 1979) is an English former professional cricketer. He was mainly an attack-minded left-handed batsman but also an occasional slow left-arm orthodox bowler.